.Dubai-based Apparel Team, which began its own trip in 1996 in Dubai and increased its own presence to India in 2001, is actually preparing to wager major on the Indian market. It is actually targeting to open up 750 new outlets in the upcoming three years, Nilesh Ved, founder, Clothing Group informed ETRetail in an unique interaction.At found, the firm takes pride in 85 companies and also 2,200 stores across 14 nations. It presently runs 17 brand names and 250 shops in 38 metropolitan areas of India." Our company find the scope of development for each of our labels like Bathtub & Body System Performs, Aldo, Crocs, and also Tim Hortons to name a few," he said.At existing, the group operates 33 outlets of Tim Hortons as well as organizes to take the total establishment count to 250. It prepares to extend Aldo from 69 stores to 150, R&B from 35 retail stores to 200, and add 200 more stores of Crocs." Over the next 6 months, our experts likewise prepare to present 2 brand-new F&B labels in India - Sushi Collection and also Allo Beirut," he said." Our experts're constantly on the lookout for the spaces in the business be it worth retail, or even global labels in vogue as well as footwear," he even more added.Currently, India provides 10 percent of the income of the total group which is valued at $2.2 billion and the company intends to take India's share to 25 percent in the next three years." Currently, footwear, appeal, F&B, and also value section are actually the best-performing classifications for us listed below in India," he asserted.For R&B, the provider sources one hundred percent of the raw materials from India for India retail stores and also 60 per cent for the stores in the Gulf." Presently, our experts are sourcing many of our basic materials for the company Aldo from India, as well as in a year's opportunity, we will also start exporting it to various other countries worldwide," he concluded.
Published On Aug 31, 2024 at 01:32 PM IST.
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